NASDAQ$MIST

Milestone Pharmaceuticals Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Reported financial results for the third quarter and provided a clinical and corporate update.

Milestone Pharmaceuticals reported its Q3 2023 financial results, highlighting the submission of the New Drug Application for CARDAMYST and positive results from the Phase 2 study evaluating etripamil for AFib-RVR.

  • Submitted New Drug Application for CARDAMYST in treating PSVT.
  • Released positive results from Phase 2 study evaluating etripamil to treat patients with AFib-RVR.
  • Approaching 2024 with a well-defined strategy.
  • Etripamil has the potential to help people living with serious heart arrythmias.

Headline financials

Total Revenue

$0.00

Previous: $1.5M-100.0%
EPS (adj)

-$0.35

Previous: -$0.34-2.9%
Capital Expenditures

-$18.1K

Previous: $103K-117.6%
Free Cash Flow

-$12.2M

Previous: -$11.7M-4.9%
Net Income

-$15.1M

Previous: -$14.1M-7.1%
Operating Income

-$15.4M

Previous: -$15M-2.2%
Gross Profit

-$24K

No prior period
Cash & Equivalents

$75.7M

Previous: $37.3M+103.1%
Total Assets

$87.1M

Previous: $85.8M+1.6%
R&D Expense

$6.81M

No prior period
Stock-Based Comp

$2.87M

Previous: $2.38M+20.7%

Revenue & EPS history

Milestone Pharmaceuticals · Revenue · Quarterly

$0

Q3 2023-100%vs Q3 2022
Beat estimate in 1 of 3 quarters(33%)
ActualEstimate

Forward guidance

Milestone Pharmaceuticals is focused on the development and commercialization of innovative cardiovascular medicines, with etripamil as its lead product candidate.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

+1.7%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+2.2%

Avg return

30 days after

64%

18 / 28 earnings

Positive

+24.1%

Q3 2021

Best reaction

-23.0%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.5%-23.2%
Q4 2026-20.0%-26.5%+23.5%
Q3 2025+1.0%+21.5%+26.2%
Q2 2025+7.1%+9.7%+23.2%
Q1 2025-1.7%+8.4%+38.7%
Q4 2024+7.9%-53.7%-38.9%
Q3 2024-5.2%-12.4%-4.1%
Q1 2024+1.2%+2.4%-16.5%
Q4 2023+16.0%+20.7%+9.3%
Q3 2023-23.0%-24.4%-13.7%
Q2 2023+1.6%+2.6%-7.1%
Q1 2023+12.8%+0.5%+1.3%
Q4 2022-4.0%-0.3%-9.0%
Q3 2022+13.0%+7.1%-0.7%
Q2 2022+3.6%+5.3%+29.2%
Q1 2022-2.5%+1.6%+1.6%
Q4 2021+12.4%+17.5%+22.0%
Q3 2021+24.1%+13.9%+4.5%
Q2 2021+0.2%+2.1%+7.1%
Q1 2021+0.5%+1.3%+6.1%
Q4 2020-6.6%-2.4%-4.0%
Q3 2020+6.1%+6.0%+19.8%
Q2 2020-1.8%+0.3%-12.2%
Q1 2020+0.3%+4.8%+29.5%
Q4 2019+7.4%+8.7%-90.4%
Q3 2019-4.2%-1.2%-7.2%
Q2 2019+7.8%+9.9%+38.1%
Q1 2019+3.4%-4.5%-16.2%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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